: How to beat inflation: Favor stocks of companies that have the luxury of pricing power — but whose costs aren’t rising
Wednesday’s inflation report was a reminder that investors will be scrutinizing earnings reports to weed out companies whose profit margins are being eroded by rising prices.
The inflation rate clocked in at a 30-year high of 5.4% in September, up from 5.3% in the previous month, the government reported Wednesday. Food and energy prices rose the most.
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